Aave Labs has announced its acquisition of Stable App, a platform designed to simplify onchain savings for retail users. The strategic move reinforces Aave's commitment to expanding beyond its core developer base and making onchain finance more accessible for everyday consumers.

As part of the transaction, Stable Finance founder Mario Baxter Cabrera will join Aave Labs as Director of Product, and the entire Stable Finance engineering team will integrate into Aave Labs.

Founded by Stani Kulechov, Aave Labs has long been a cornerstone of DeFi, powering millions of users through the Aave protocol and Aave.com. The firm’s recent institutional product, Horizon, launched in August 2025 and now exceeds $300 million in deposits. The addition of Stable Finance positions Aave Labs to bridge institutional-grade infrastructure with intuitive consumer experiences.

“We believe the future of finance is onchain, and this acquisition reinforces our commitment to turning onchain finance into everyday finance — earning interest, borrowing, and saving,” said Stani Kulechov, founder of Aave Labs. “Mario and the Stable team have built unique technology supporting a seamless user experience that will help accelerate our consumer roadmap and extend the Aave protocol to new users.”

Stable Finance gained attention with its Stable app, a simple iOS interface that allows users to deposit funds via bank accounts, debit cards, or crypto to earn stablecoin-denominated yield. By removing complexity from DeFi savings, Stable Finance demonstrated strong retail demand for secure, low-volatility yield products.

“Aave Labs has been at the forefront of decentralized finance, and we’re thrilled to join a team with such a strong track record of innovation and execution,” said Mario Baxter Cabrera, founder of Stable Finance. “By bringing our consumer product expertise and focus on stablecoin savings to Aave Labs, we can scale faster and contribute meaningfully to the next wave of user-focused financial innovation.”

The Stable Finance team will continue developing consumer savings applications within Aave Labs. The existing Stable app will be gradually phased out, with its technology integrated into future Aave Labs offerings.

With the global stablecoin supply surpassing $300 billion, demand for intuitive, stable-value savings tools continues to surge — reinforcing the growing importance of user-friendly DeFi interfaces that bridge traditional and onchain finance.

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https://aave.com/blog/stable-acquire